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Section 3-59-11 - Bonds made legal investments.

3-59-11. Bonds made legal investments.

Bonds issued under the provisions of the Pollution Control Revenue Bond Act [3-59-1 to 3-59-14 NMSA 1978] shall be legal investments for savings banks and insurance companies organized under the laws of this state and shall be eligible for pledging as collateral for public deposits.   

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